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Bermuda property-casualty insurance companies beefing up their capital reserves in the wake of huge hurricane losses have now issued or will issue more than ...

ACE Limited said it anticipates improvement in its property-casualty business and investment portfolio but declines in financial services income during 2006.The Hamilton, Bermuda-based company's ...

Washington--Both opponents and advocates of extending the Terrorism Risk Insurance Act voiced positive sentiments after Congress passed the measure over the weekend.The legislation, which ...

Should 2006 prove even more expensive in terms of insured losses than this year, Bermuda insurers may not get another opportunity at recapitalization, said ...

A.M. Best Company has removed XL Capital and PXRE Group Ltd. from review. The Oldwick, N.J.-based insurance rating service said it took the action ...

A.M. Best affirmed the "A-minus" financial strength ratings of Bermuda-based Quanta Reinsurance Ltd. and its subsidiaries, removing the ratings from review and assigning a ...

While four Florida hurricanes in 2004 and the huge Gulf disasters of 2005 were unprecedented, insurers need to prepare for such inevitable anomalies over ...

Lloyd's insurance syndicates are raising new capital in expectation of improved trading conditions after sustaining big hurricane losses, a new analyst report reveals.That assessment ...